US crude oil gains 2.39%, putting it at the top of this list of commodities gainers.
Markets are mixed with Soybeans trades at $1,486 after losing 2.12%. Natural Gas trades at $2.62 after losing 4.21%.
Current market events are being influenced by ambiguous macro data as highly important Consumer Confidence data from United States beat analyst expectations of 108.5 with a reading of 102.9.
US crude oil | +2.39% in mid-session
Crude Oil is on a 5 day bullish run gaining $1.75 (4.82%). As the session continues, it seems to maintain one direction — after closing the previous trading day at $75.68, West Texas crude is up to $77.49 per barrel, which makes for a move of 2.39%/$1.81 today.
+2%: commodity traders stay bullish as the Platinum future adds $18.7 or 2%
After closing the previous trading day at $941.9, CME Platinum is up to $960.6 per troy ounce, which makes for a move of 2%/$18.7 today.
+1.88%: commodity traders stay bullish as ICE Brent crude adds $1.55 or 1.88%
Today's session so far looks to be heading in the same direction — after closing the previous trading day at $82.45, ICE Brent crude is up to $84 per barrel, which makes for a move of 1.88%/$1.55 today.